Tata Motors has announced a price increase across its entire passenger vehicles range by up to Rs. 25,000, starting January 2018. This increase in price is due to rising input costs.
The introductory price offer on the Tata Nexon compact SUV will be ending by 31st December and this entire range will also witness a price hike from January 2018 by upto INR. 25,000.
Mr. Mayank Pareek, President, Passenger Vehicle Business, Tata Motors said, “The changing market conditions, rising input costs and various external economic factors have compelled us to consider the price increase. We are optimistic on maintaining our growth trajectory in the coming year on the back of our robust product portfolio like TIAGO, HEXA, TIGOR and the recently launched NEXON.”
